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Pierer Mobility AG (KTM) appoint Citigroup to reorganise ownership structure

Citigroup Global Markets Europe AG to orchestrate ownership structure of Pierer Mobility AG (KTM)

Motorcycle News by Motorcycle News
December 18, 2024
in KTM News

PIERER Mobility AG / KTM

December 18 update

PIERER Mobility AG is currently in talks with potential strategic and financial investors. These include both existing partners as well as new strategic and financial investors.

Citigroup Global Markets Europe AG was appointed today to support this process in a structured, transparent and efficient manner in the interest of all stakeholders.

The objective of the investment process is to have investors subscribe to a necessary cash capital increase or financial instruments of PIERER Mobility AG. These funds will be used to strengthen the PIERER Mobility Group, in particular KTM AG.

In order to finalise the structured investor process, it will be necessary to convene a shareholders’ meeting in due course to pass the relevant resolutions.

2025 KTM 1390 Super Duke GT

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Tags: KTMPIERER Mobility AGPIERER Mobility Group
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